Role of Japan's oil industry and emergence of Japan as a world leader
Thesis/Dissertation
·
OSTI ID:6990568
The existence of three powerful economic centers, Japan, Europe, America, collapse of Soviet political empire, and emergence of a new global nationalism are evident of a transitional period in the history of world leadership. Experiences of the previous world hegemon have taught us that extraordinary economic performance of an industrial country has been the necessary step in the process of becoming the world hegemon. Given its powerful industrial productivity and its economic expansionism, Japan has been considered by some scholars and journalists as a potential candidate for the new world hegemon. Japan's lack of influence on natural resource supply, particuarly energy supply, and its unfit political structure for world leadership are two interrelated problems that this study investigates. A careful investigation of Japan's industrial and political structures suggests that Japan has to resolve a series of complicated and time consuming obstacles in order to achieve world hegemon status. Historically, domination of the world economy has been tied with having an influential role in international energy industry. In this respect and the fact that over 50 percent of the internationally traded petroleum is under the control of American and European entities, it is essential for Japan to gain some tangible control and influence over the international oil industry in order to achieve world leadership status. This success has to be at the expense of American and European oil companies rather than the OPEC countries. This study suggests that Japan has to anticipate more cooperation with these oil-producing countries if it desires to become a world leader. Furthermore, there is a positive relation between the current global political power transition and the present power transition in the international oil industry. Japanese political institutions have not developed to a degree that enable its government to act as a world superpower.
- Research Organization:
- Hawaii Univ., Honolulu, HI (United States)
- OSTI ID:
- 6990568
- Country of Publication:
- United States
- Language:
- English
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